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In a significant development, the Tata Group has announced plans to commence the production of Apple iPhones in India for both domestic and global markets within the next two and a half years. Electronics and Technology Minister Rajeev Chandrasekhar made the announcement, emphasizing the government's support for global Indian electronics companies as they collaborate with international brands, marking a crucial shift in Apple's manufacturing strategy.
The move underscores India's rising prominence in electronics production, driven by Prime Minister Narendra Modi's initiatives to boost local manufacturing and Apple's decision to diversify beyond China amid ongoing trade tensions between the United States and China.
Apple's decision to partner with the Tata Group for iPhone production signifies a significant shift from its previous approach, where the majority of its devices were manufactured in China. This move aligns with India's growing importance in Apple's diversification strategy, fueled by PM Modi's incentives to bolster local manufacturing.
PM @narendramodi Ji's visionary PLI scheme has already propelled India into becoming a trusted & major hub for smartphone manufacturing and exports.
— Rajeev Chandrasekhar ???????? (@Rajeev_GoI) October 27, 2023
Now within just two and a half years, @TataCompanies will now start making iPhones from India for domestic and global markets from… pic.twitter.com/kLryhY7pvL